Is Little Rock Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Little Rock Township has remained a Seller's Market.
Housing Prices in Little Rock Township, IL
How much do homes in Little Rock Township, IL cost?
Median Sold Price
$239,600
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Little Rock Township was $239,600 in March 2024, up 6.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.4K | $79K | -29.7% |
2 Bedrooms | $180K | $210K | +16.7% |
3 Bedrooms | $227K | $240K | +5.7% |
4 Bedrooms | $293.9K | $330K | +12.3% |
5+ Bedrooms | $357.5K | $420K | +17.5% |
Summary: Little Rock Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.5%.
Housing Supply in Little Rock Township, IL
How many homes are available in Little Rock Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 31 | +3.3% |
Summary: The Little Rock Township real estate market had 31 homes for sale in March 2024, a 3.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Little Rock Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Little Rock Township in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Little Rock Township, IL
How long does it take to sell a home in Little Rock Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 35 Days | +202.9% |
Summary: Homes in Little Rock Township had an average of 35 days on market in Mar 2024, up by 202.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Little Rock Township; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.